Allen County Council on Aging

Analysis

Allen County Council on Aging is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in March 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allen County Council on Aging reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen County Council on Aging sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include North Central Ministry Development Center Inc ($1.6m), United Way of the River Cities Inc ($1.6m) and Catholic Youth Organization Camp ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $87k (6.4% of expenses). Other salaries and wages came to $653k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 33 employees.